Australia’s scrapped sub agreement with France ‘a shocker of a deal’

Msn, Yt

17/09/2021 2:18:00 PM

Former Labor Senator Stephen Conroy says Australia’s scrapped $90 billion submarine deal with France was “a shocker of a deal”.

2 minutes agoFormer Labor Senator Stephen Conroy says Australia’s scrapped $90 billion submarine deal with France was “a shocker of a deal”.“There is no question that the subs deal was a dud,” Mr Conroy told Sky News host Cory Bernardi.“Malcolm Turnbull and Christopher Pyne wanted to announce that they had a deal to build a submarine in South Australia.

“Labor argued you cannot downselect to just one, you lose all competitive tension, the French have you over a barrel.“And the truth was, on the day the deal was announced, the French president welcomed it and announced 4,000 new jobs in Cherbourg.“They never had any intention of building the submarines in Adelaide.”

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